News: Brokerage

Waters of Lang McLaughry leases 1,240 s/f to Solmate Socks

Bruce Waters, CCIM, senior broker for Lang McLaughry Commercial, completed a 1,240 s/f lease between Sudlow Limited Partnership, LLC, landlord and Solmate Socks, tenant at the "Emerson House" on Main St. The company is family owned and was started by Marianne Wakerlin. Solmate Socks has other operating centers around the country and has sales in North and South America, along with Europe and Asia. Waters said, "The representatives of Solmate Socks conducted an extensive site search, but when introduced to the Emerson House, they felt it was a great fit for their company culture and the "feel" of this small New England town, matched mission and culture of the community centered company." Lang McLaughry Commercial represented the landlord and was assisted by ReMax Group One with the introduction of the tenant.
MORE FROM Brokerage

Goldberg of Spire Investments purchases Beverly portfolio for $9.2m

Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
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Columns and Thought Leadership
The rise of AI in CRE - And what it means for every  skilled profession - A broker & appraiser weighs in - by Bryan Plourde

The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde

This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.
End of the year retail thoughts - by Carol Todreas

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